Job Description

Key Responsibilities

Financial Strategy & Planning

• Develop and execute financial strategies aligned with the company goals and objectives.
• Lead financial planning, budgeting, and forecasting processes to achieve profitability and cost-efficiency targets.
• Provide strategic advice to the Managing Director on financial matters, including market risks and growth opportunities.

Financial Operations & Compliance

• Oversee preparation and accuracy of financial statements, ensuring compliance with statutory and regulatory requirements.
• Ensure robust internal controls, adherence to accounting standards, and timely statutory audits.
• Coordinate with external auditors, tax consultants, and regulatory bodies to manage audits and compliance.

Cash Flow & Working Capital Management

• Manage cash flow to ensure liquidity and optimal working capital levels.
• Lead negotiations with banks for loans and other financial arrangements.
• Oversee debt servicing, credit control, and treasury functions to optimize financial resources.

Cost Management & Profit Optimization

• Drive cost optimization initiatives across departments to improve profitability.
• Implement and monitor cost control measures in manufacturing, procurement, and sales operations.
• Provide financial insights to support pricing strategies and product profitability analysis.

Risk Management & Controls

• Identify financial and operational risks, implementing mitigation measures as needed.
• Establish a risk management framework to safeguard company assets and prevent financial fraud.
• Regularly review financial policies, controls, and procedures for continuous improvement.

Leadership & Team Development

• Lead, mentor, and develop the Accounts team to achieve high performance.
• Foster a culture of accountability, collaboration, and continuous learning within the team.
• Collaborate with heads of other departments to align financial goals with overall business objectives.

Project Evaluation & Capital Allocation

• Evaluate financial feasibility of new projects, capital expenditures, and strategic investments.
• Conduct ROI analysis to support decision-making for expansions or new product lines.

Required Qualifications

Education:

Chartered Accountant (CA) from a reputed institution. Knowledge of Marathi essential .

Experience:

20 plus years of relevant experience in a manufacturing or construction equipment industry, with at least 5 years in a senior financial leadership role.

Certifications/Licenses:

Proficient in financial software and ERP systems

Competencies

Core Competencies:

Technical Competencies:

Strategic thinker with a proactive approach to problem-solving.

Experience in managing banking relationships and securing financing for business growth.

Ability to drive change management and process improvement initiatives

Proven experience in financial planning, cost management, and budgeting within a multi-location setup.

Hands-on experience in managing statutory compliance, audits, and tax matters.

Strong track record in cash flow management, cost optimization, and financial risk mitigation.

Working Conditions

• Work Environment:

•Based in the Pune HO with Occasional travel to the Goa business unit as needed for oversight and coordination. •.

Job Type: Full-time

Schedule:

• Day shift

Work Location: In person